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Search Results for: central bank digital currency

Italy to increase oversight of digital asset market
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25 June, 2024

Italy to increase oversight of digital asset market

The policy, moving Italy further towards the standards laid out by MiCA, also designates Italy's central bank and market watchdog,...
National Australia Bank kills off stablecoin project
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25 June, 2024

National Australia Bank kills off stablecoin project

NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, but...
South Korea commits $14.5 million to experiment with CBDC, digital vouchers
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23 June, 2024

South Korea commits $14.5 million to experiment with CBDC, digital vouchers

South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC...
Ethiopia to establish CBDC framework following new banking reforms approval
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21 June, 2024

Ethiopia to establish CBDC framework following new banking reforms approval

The Banking Business Proclamation and the NBE Proclamation will be presented before the House of Peoples' Representatives for final approval...
More central banks exploring CBDCs as number of pilots increases
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20 June, 2024

More central banks exploring CBDCs as number of pilots increases

CBDCs offer various benefits for global economies, according to a BIS report, leading banks to explore use cases tied to...
Bank of Thailand starts trial for programmable payments
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19 June, 2024

Bank of Thailand starts trial for programmable payments

To qualify, applicants must solve DLT payments and settlements, operate an escrow service with programmable payments, or offer asset tokenization.
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